High Tide Inc. opened a new Canna Cabana retail cannabis store at 3148 Kingston Road in Scarborough, Ontario, on February 9 2026. The opening brings the company’s total Canna Cabana locations to 219 across Canada and 95 in Ontario, adding a second Scarborough site after the 2432 Eglinton Avenue East store that opened in November 2024.
The Kingston Road location was previously occupied by Rockwood Cannabis, a well‑performing retailer that enjoyed high daily traffic and limited nearby competition. High Tide CEO Raj Grover said the site offers a proven foundation for continued success, citing strong visibility and a high‑volume customer base that aligns with the company’s disciplined expansion strategy.
High Tide’s growth plan has focused on high‑traffic, low‑competition sites that meet strict financial and operational criteria, such as projected sales volume, rent‑to‑sales ratios, and local market saturation. The company added 20‑30 new stores in 2025 and continues to pursue additional openings in 2026, positioning the new Scarborough store as a key driver of its ongoing momentum.
The company’s Cabana Club loyalty program, which had more than 5.66 million members worldwide and 1.76 million in Canada as of January 31 2025, is expected to boost same‑store sales at the new location. The program’s high engagement rate and tiered rewards structure have historically translated into repeat traffic and higher average transaction values across the network.
High Tide’s broader financial performance underscores the strategic value of the new store. In the first quarter of 2025 the company generated $142.5 million in revenue, up 11 % year‑over‑year, with bricks‑and‑mortar sales rising 17 % YoY. Despite a net loss of $2.7 million, adjusted EBITDA remained positive, reflecting disciplined cost management and operational leverage. The new Scarborough outlet is expected to contribute to this growth trajectory by tapping a high‑density market and leveraging the company’s established supply chain and marketing ecosystem.
The opening of the Kingston Road store reinforces High Tide’s position as a leading cannabis retailer in Canada, expanding its presence in a key Ontario market while maintaining a focus on profitability and customer loyalty. The company’s continued expansion, coupled with its robust loyalty program, signals confidence in sustained demand and a strategic path toward long‑term market share gains.
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